W.R. Berkley Raises Kiln Stake
NU Online News Service, May 3, 12:43 p.m. EST?W. R. Berkley Corporation has agreed to increase its 5 percent stake in U.K.-based Kiln plc to 20.1 percent, the Greenwich, Conn.-based company announced last night.
Kiln is the holding company for a group conducting international insurance and reinsurance underwriting through Lloyd's syndicates managed by its managing general agent and wholly-owned subsidiary, R.J. Kiln & Co. Limited.
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